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Poland's cleaner power imports pile pressure on coal energy

Poland is on track to import a record amount of electricity this year as power traders buy cheaper and cleaner electricity from neighboring countries, reducing demand for the mostly coal-fired energy produced by state-run utilities.

read more... 21/10/2019

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Russian gas pipe to China being filled up with gas as scheduled

Russian gas monopoly Gazprom said the company is making preparations for the first pipeline supplies of Russian gas to China via the Power of Siberia gas pipeline.

read more... 21/10/2019

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MHI Vestas turbines to power Scotland's 1.1-GW Seagreen offshore wind park

MHI Vestas Offshore Wind has been picked as the preferred turbine supplier for SSE Renewables’ 1.1-GW Seagreen wind project in the Scottish part of the North Sea.

read more... 18/10/2019

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Daily (17.10.2019): NBP spot slumped by over 8% on Wednesday amid firmer Norwegian exports and lower gas-for-power demand

Speculations about a potential extension of crude supply cuts by OPEC and its allies as of December led to a recovery in crude oil prices on Wednesday. The greenback’s slide coupled with short covering in anticipation of an industry report on U.S. crude inventories also contributed to the market rally. Still, concerns over tighter crude demand and expectations for higher crude stocks in the U.S. limited gains. Against that backdrop, Brent crude rose by 1.2% to 59.42 USD/bbl, while WTI futures advanced by 1% to 53.36 USD/bbl.

read more... 17/10/2019

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French power output down over 1.5 GW as workers start protest over restructuring

A strike by employees at French utility EDF in protest against a plan to restructure the state-controlled company cut power generation at two nuclear reactors and two gas-fired power plants on Wednesday evening, company data showed.

read more... 17/10/2019

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